The SPX Maintaining a Consistent Trend: More Upside?

Looking back to 2016, the SPX has maintained a consistent trend. Thanks to the bounce on Friday we are now targeting a move back towards the highs.

2,800 is the first key target then the top of the channel is 2,900.

A strong showing on Friday has helped save us from a short-term sell-off.
Parallel Channelregression-trend-channelSPX (S&P 500 Index)S&P 500 (SPX500)Support and ResistanceTrend Analysis

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